Compass Point Upgrades Annaly Capital Management (NLY) to Buy Following Buyback Plan

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Go back to Compass Point Upgrades Annaly Capital Management (NLY) to Buy Following Buyback Plan

Annaly (NLY) Approves $1.5B Common Buyback Plan

October 16, 2012 4:07 PM EDT

Annaly Capital Management, Inc. (NYSE: NLY) (Annaly or the Company) today announced that its Board of Directors has authorized the repurchase of up to $1.5 billion of its outstanding common shares over a 12 month period.

Purchases made pursuant to the program will be... More